May 2008
Deal completed
€90M+
Revenues
Industrial
Sector
01
Business
PVC windows manufacturer
Les Zelles is the French leading PVC windows manufacturer for collective housing. Les Zelles targets 3 markets: renovation of collective housing, construction of collective housing and renovation of private housing via its independent installation and joinery specialist customers (“Menuisier Conseil”). It employs 500 people divided between the factory in the Vosges mountains and 6 commercial agencies in France.
02
Strategy
Strengthen les Zelles’ position in France
Les Zelles will (i) focus on strengthening its geographical footprint on its 3 markets, notably in the West of France, and (ii) look for product diversification towards aluminium.
